PS3 Enjoys Retail-Wide Sales Spike After Price Cut [Slashdot]

[DP ServBot]

donniebaseball23 writes "Sony, after nearly two years on standing firm on PS3's price, dropped the console to $249, and it's been having an immediate impact. GameStop has already noted a 'significant' increase in PS3 sales, while big box retailer Target confirmed an 'immediate lift' in sales and recommended PS3 as a 'great option' for its customers. Not only that, but leading e-tailer Amazon saw PS3 sales explode by 400% in the days after the price cut. All told, in the months ahead, analysts are expecting Sony to see as much as a 30% sales bump for PS3 this holiday season."

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[duffmanth]

Great news for Sony!

[Bojay1997]

Great news for Sony!

Unless they end up losing money on every unit sold again and these new buyers don't buy enough games to offset the loss. It will be interesting to see if Microsoft follows suit.